Examlex
An organism that is neither prokaryotic nor photosynthetic, and must obtain its nutrients by secreting digestive enzymes into the environment, belongs to which group of organisms?
Consumer Surplus
The variance between what consumers are ready and capable of paying for a product or service versus what they actually end up paying.
Airlines
Entities that deliver passenger and freight transportation via air.
Short Run
A period in which at least one factor of production is fixed and cannot be changed, influencing production and cost.
Long Run
A time period in economics sufficient for all markets to adjust, including those for labor and capital, with all factors of production and costs variable.
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